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dhirenshah
Posted : Sunday, March 12, 2017 10:44:57 AM
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Bruce 

Just wondering is there a way to plot a weekly stochastic on a daily chart in TC2000 version 17 ?

If yes can you please help with settings 12-3-3

Regards

Dhiren

Bruce_L
Posted : Monday, March 13, 2017 9:53:09 AM


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No, there isn't a way to plot a weekly stochastic on a daily chart in TC2000 v17.

About the best you could do is multiply all of the settings by 5. So plot a daily stochastic 60, 15, 15.



-Bruce
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dhirenshah
Posted : Monday, March 13, 2017 11:42:21 AM
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Okay Bruce , 

i can work around with the idea you gave, but one question in that , what will be the pcf when both 12-3 and 60-15 are converging below 20 and converging above 80 on stochastic... i don't need convergence in between them  i just want to see extreme points, and pcf spike at that levels and no need of %D line in calculation of that pcf, 

if you can please help with that same idea on worden stochastic if possible...

 

Regards

Bruce_L
Posted : Monday, March 13, 2017 11:50:27 AM


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So both above 80:

STOC12.3 > 80 AND STOC60.15 > 80

And both below 20:

STOC12.3 < 20 AND STOC60.15 < 20

That said, you can create these both STOC12.3 conditions (either using the chart or formulas) and add two copies to the same EasyScan. And you can then set one of the EasyScans to use a daily time frame and the other to use a weekly time frame. You just can't chart both indicators on the chart.



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dhirenshah
Posted : Monday, March 13, 2017 11:58:08 AM
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Thanks a lot Bruce 

Cheers

Chagall
Posted : Wednesday, March 22, 2017 7:00:14 PM
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QUOTE (Bruce_L)

No, there isn't a way to plot a weekly stochastic on a daily chart in TC2000 v17.

About the best you could do is multiply all of the settings by 5. So plot a daily stochastic 60, 15, 15.

 

Bruce,

can you think of a similar workaround for the DSStoch Bressert? If so, my parameters are 21/3 (first formula) and 42/3 (second formula). Till now, I would assume there is no way to do so.

Thank you,

Franz J.

Bruce_L
Posted : Thursday, March 23, 2017 9:44:02 AM


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You could also try multiplying the periods by 5 if you were trying to plot a weekly version on a daily chart.

You would multiply the periods by 3 if you were trying to plot a 3 minute version on a 1 minute chart.

The technique is not going to match the actual indicators, but the span of time covered by the periods will be similar so you can get a sort of rough approximation (the quality of this approximation can vary based on the indicator or symbol).

Double Smoothed Stochastic Bressert (DSS-BR)



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Chagall
Posted : Thursday, March 23, 2017 3:21:47 PM
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Thank you!

Franz J.

Bruce_L
Posted : Thursday, March 23, 2017 3:22:42 PM


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You're welcome.



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